Rydex Electronics Fund Class Investor (RYSIX)

144.20
Net Asset Value
+0.61%
1 Day
+9.71%
Year-to-Date
Overall Morningstar Rating
Technology
Style or Category
No Load
Sales Expenses
1.38%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. Under normal circumstances- the fund invests substantially all (at least 80%) of its net assets in equity securities of Electronics Companies that are traded in the United States and in derivatives- which primarily consist of futures contracts and options on securities- futures contracts- and stock indices. It may invest to a significant extent in the securities of Electronics Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Electronics Companies and U.S. government securities. It is non-diversified.

Performance

1 month+2.64% 3 years+17.87%
3 months-0.48% 5 years+20.86%
1 year+23.04% Since inception+5.39%
Data through --

Peer Comparisonvs. Technology

 RYSIXCategory
Performance 5-yr return+20.86%+19.08%
Expense ratio1.38%1.36%
Risk 5 year sharpe ratio1.161.29
Net assets$29.7M$1.4B
Average market cap$21.6B$61.0B
Average P/E20.426.5
Portfolio turnover643%643%

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Fund Management and Purchase Info

Fund familyRydex Funds
Fund manager & tenureMichael Byrum / 20 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock84.52%
International stock15.00%
Cash5.53%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Hardware 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
INTC Intel8.71%
NVDA NVIDIA Corp6.61%
TXN Texas Instruments5.55%
AVGO Broadcom Inc5.50%
QCOM Qualcomm4.70%
MU Micron Technology Inc4.42%
AMAT Applied Materials Inc3.50%
ADI Analog Devices Inc3.20%
LRCX Lam Research Corp2.82%
MCHP Microchip Technology Inc2.50%